China TechFaith Wireless Communication Technology Ret. on assets
What is the Ret. on assets of China TechFaith Wireless Communication Technology?
The Ret. on assets of China TechFaith Wireless Communication Technology Limited is -8.61%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Technology sector on NASDAQ compared to China TechFaith Wireless Communication Technology
What does China TechFaith Wireless Communication Technology do?
China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally. It operates through Mobile Phone Business and Real Estate segments. The company offers handset design services through outsourcing of EMS providers who engage in assembly and manufacturing operations; and offer testing services of the assembled printed circuit boards, systems, and subsystems for Chinese mobile handset brand owners and international mobile handset brand owners. It also provides feature phones, smart phones, ruggedized phones, wireless modules, smart pads, and wireless software and applications, as well as other electronic components, such as industrial wireless devices. In addition, the company sells mobile handset products under the Tecface, 17FOX, and MOBIFOX brands. Further, it owns, develops, operates, and manages commercial real estate properties. The company was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on assets similar to China TechFaith Wireless Communication Technology
- Standard Uranium has Ret. on assets of -8.64%
- Clean Seed Capital has Ret. on assets of -8.63%
- Vizsla Resources has Ret. on assets of -8.63%
- Neometals Ltd has Ret. on assets of -8.63%
- Axogen has Ret. on assets of -8.63%
- Northern Dynasty Minerals has Ret. on assets of -8.62%
- China TechFaith Wireless Communication Technology has Ret. on assets of -8.61%
- Alumina has Ret. on assets of -8.61%
- Alumina has Ret. on assets of -8.61%
- American Water Wks Dl ,01 has Ret. on assets of -8.61%
- Schroder Asian Total Return Investment Co. Plc has Ret. on assets of -8.61%
- Icicle has Ret. on assets of -8.61%
- Salter Bros Emerging Co Ltd has Ret. on assets of -8.60%